Eurocentral, Glasgow

Description

The property comprises a 71,700 sq ft modern distribution unit let to Lightbody of Hamilton Ltd (guaranteed by Finsbury Food Group plc).  Acquired in August 2012

Business Plan

Upon acquisition the lease was regeared for a term of 15 years and the property sold shortly thereafter.

Exited Investment

Realised Returns

Ungeared IRR: 24.3%
Hold Period: 6 months.

Acquired on behalf of:

Private client